Question

As per the Companies Act the Tribunal may at any time after passing of a winding up order, pass an order requiring any contributory for the time being on the list of contributories to pay___________________

Q: Answer-As per the Companies Act the Tribunal may at any time after passing of a winding up order, pass an o...

Section 295. Payment of debts by contributory and extent of set-off m1 The Tribunal may, at any time after passing of a winding up order, pass an order requiring any contributory for the time being on the list of contributories to pay, in the manner directed by the order, any money due to the company , from him or from the estate of the person whom he represents, exclusive of any money payable by him or the estate by virtue of any call in pursuance of this Act.

A Any money due to the company, from him or from the estate of the person whom he represents, exclusive of any money payable by him or the estate by virtue of any call as per the Companies Act

B All outstanding debts owed by the company, regardless of the estate they represent

C The money owed to the company, only if it is explicitly requested by the Company Liquidator

D All a b & c

E Both a & c

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